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Not sure what you are asking. Has the house just went to foreclosure or has it been foreclosed on. I work with short sales and foreclosures in Hamilton - Butler County, Fee free to call me at 867-1463 or email me at homesearchers@aol.com... more

If there is an issue with the title, the bank may have to either go into court for a 'quiet title' action or (in the worst case scenario) may have to reforeclose on the property in order to establish clear title.

But if the bank has properly performed the foreclosure, it may be more of a title procedural issue rather than an issue that requires the attention of the courts.

Make sure your agent is in contact with the listing agent and the title folks / attorneys to determine the timeline for correcting the issue. And count yourself lucky that the title issue was discovered before you took possession. And please, please, please make sure you buy an owners title insurance policy.... more

Ashley the starting bid is not material to the outcome of the auction unless Nancy Nix is the party forclosing then it is a tax sale. The lender has sued for a dollar amount for default on the note. The lender now has a judgement aand the property secured by the mortgage is auctioned to satisfy that judgement. The lender will normally go up to the judgement amount because if they do not they can not pursure any deficiency against the borrower or mortgage insurers.

By the way the Sherrifs appraised value is not arrived at byu using appraisers. Ohio was a state in 1803 and at that time there were no appraisers. The method used is that a deputy drives 3 land owners in the county past the property. These 3 people are appointed by the Sherrif and come up with their own independent value of the property and the avergage is the value.
I would like to get on that appraiser list as they get 85.00 a property and see about 20 in one day.... more

Hi Ashley....yes, people bid on HUD properties. The question is what would consttitute an acceptable bid...a realtor can do some research here to help you with what typically is the ask price vs. what the sold price actually is. There are certain restrictions on when an occupant may bid vs an investor. There are also certain requirements which must be met in terms of being prequalified for a mortgage, format for submission of the offer, etc. There is more information available at HUD.GOV. A realtor qualified in HUD foreclosures would be an excellent resource in guiding you through the process.